Core Banking software for managing Notice deposit and Call money deposits of Co-operative bank
Core Banking software for managing large deposits from institutions as Notice deposit and Call money deposits for Co-operative bank
- User definable deposit types and its attributes.
- For a given deposit type, different interest rates can be set for different customer types for a period.
- Provision to capture rates for Loan on deposit.
- Automatic account number generation.
- Joint account operation with up to four depositors.
- Provision to capture Operator/Nominee/Guardian details.
- Provision to freeze accounts.
- Interest calculation takes holidays also into account if maturity date falls on a holiday. (depends on the attributes set during deposit definition).
- Automatic lien adjustment during account closing.
- Cash Transaction limit verification during payment.
- User updateable Deposit Notice date.